AVSD vs. AVDE

Last updated Jun 24, 2026

AVSD (Avantis Responsible International Equity ETF) and AVDE (Avantis International Equity ETF) are both Foreign Large Cap Equities funds from Avantis. AVSD is passively managed, while AVDE is actively managed. Over the past 3 years, AVSD returned 19.84%/yr vs 19.94%/yr for AVDE. With a 0.98 correlation, they move nearly in lockstep. Both charge a 0.23% expense ratio.

Performance

AVSD vs. AVDE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Avantis Responsible International Equity ETF (AVSD) and Avantis International Equity ETF (AVDE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, AVSD achieves a 7.98% return, which is significantly lower than AVDE's 9.44% return.

AVSD

• 1D: -1.79%
• 1M: 0.41%
• YTD: 7.98%
• 6M: 7.54%
• 1Y: 23.70%
• 3Y*: 19.84%
• 5Y*: —
• 10Y*: —

AVDE

• 1D: -2.02%
• 1M: -0.88%
• YTD: 9.44%
• 6M: 8.96%
• 1Y: 26.87%
• 3Y*: 19.94%
• 5Y*: 10.08%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

AVSD vs. AVDE - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
AVSD Avantis Responsible International Equity ETF	7.98%	37.07%	6.69%	17.49%	-8.97%
AVDE Avantis International Equity ETF	9.44%	38.05%	4.88%	17.18%	-8.02%

Correlation

The correlation between AVSD and AVDE is 0.98 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.98
Correlation (3Y) Calculated over the trailing 3-year period	0.98
Correlation (All Time) Calculated using the full available price history since Mar 17, 2022	0.98

The correlation between AVSD and AVDE has been stable across timeframes, ranging from 0.98 to 0.98 - a consistent structural relationship.

AVSD vs. AVDE - Sectors Allocation Comparison

Sectors	AVSD	AVDE
Financial Services	31.1%	23.9%
Industrials	16.6%	20.2%
Consumer Cyclical	11.9%	9.4%
Technology	10.6%	8.0%
Healthcare	7.7%	5.7%
Basic Materials	6.5%	11.4%
Communication Services	5.4%	4.1%
Consumer Defensive	4.8%	4.3%
Utilities	2.7%	4.0%
Real Estate	2.3%	1.5%
Energy	0.3%	7.4%

Return for Risk

AVSD vs. AVDE — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

AVSD

AVSD Risk / Return Rank: 44
AVSD Sharpe Ratio Rank: 46
AVSD Sortino Ratio Rank: 46
AVSD Omega Ratio Rank: 45
AVSD Calmar Ratio Rank: 40
AVSD Martin Ratio Rank: 46

AVDE

AVDE Risk / Return Rank: 53
AVDE Sharpe Ratio Rank: 54
AVDE Sortino Ratio Rank: 53
AVDE Omega Ratio Rank: 53
AVDE Calmar Ratio Rank: 49
AVDE Martin Ratio Rank: 55

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

AVSD vs. AVDE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Avantis Responsible International Equity ETF (AVSD) and Avantis International Equity ETF (AVDE). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	AVSD	AVDE	Difference
Sharpe ratio: Return per unit of total volatility	1.51	1.78	-0.27
Sortino ratio: Return per unit of downside risk	2.19	2.48	-0.30
Omega ratio: Gain probability vs. loss probability	1.28	1.32	-0.05
Calmar ratio: Return relative to maximum drawdown	1.89	2.35	-0.47
Martin ratio: Return relative to average drawdown	7.25	9.18	-1.93

AVSD vs. AVDE - Sharpe Ratio Comparison

The current AVSD Sharpe Ratio is 1.51, which is comparable to the AVDE Sharpe Ratio of 1.78. The chart below compares the historical Sharpe Ratios of AVSD and AVDE, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

AVSD vs. AVDE - Drawdown Comparison

The maximum AVSD drawdown since its inception was -25.56%, smaller than the maximum AVDE drawdown of -36.99%. Use the drawdown chart below to compare losses from any high point for AVSD and AVDE.

Drawdown Indicators

	AVSD	AVDE	Difference
Max Drawdown Largest peak-to-trough decline	-25.56%	-36.99%	+11.43%
Max Drawdown (1Y) Largest decline over 1 year	-12.63%	-11.48%	-1.15%
Max Drawdown (3Y) Largest decline over 3 years	-13.30%	-13.46%	+0.16%
Max Drawdown (5Y) Largest decline over 5 years	—	-28.73%	—
Current Drawdown Current decline from peak	-1.81%	-2.37%	+0.56%
Average Drawdown Average peak-to-trough decline	-4.87%	-6.13%	+1.26%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.28%	2.93%	+0.35%

Volatility

AVSD vs. AVDE - Volatility Comparison

Avantis Responsible International Equity ETF (AVSD) and Avantis International Equity ETF (AVDE) have volatilities of 5.23% and 5.36%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	AVSD	AVDE	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.23%	5.36%	-0.13%
Volatility (6M) Calculated over the trailing 6-month period	13.49%	12.95%	+0.54%
Volatility (1Y) Calculated over the trailing 1-year period	15.76%	15.13%	+0.63%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	16.71%	16.39%	+0.32%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	16.71%	18.92%	-2.21%

AVSD vs. AVDE - Expense Ratio Comparison

Both AVSD and AVDE have an expense ratio of 0.23%, making them cost-effective options compared to the broader market, where average expense ratios typically range from 0.3% to 0.9%.

Dividends

AVSD vs. AVDE - Dividend Comparison

AVSD's dividend yield for the trailing twelve months is around 3.81%, less than AVDE's 3.89% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019
AVDE Avantis International Equity ETF	3.89%	2.66%	3.29%	3.01%	2.79%	2.46%	1.63%	0.29%
AVSD Avantis Responsible International Equity ETF	3.81%	2.54%	3.25%	2.53%	1.35%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both AVSD and AVDE in my portfolio?

With a correlation of 0.98, AVSD and AVDE move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, AVSD or AVDE?

AVDE has higher volatility (5.36%) compared to AVSD (5.23%). In terms of maximum drawdown, AVSD dropped -25.56% vs AVDE's -36.99%.

Which ETF is better, AVSD or AVDE?

On 3-year performance, AVDE leads with 19.94% vs 19.84% for AVSD. Both ETFs have the same 0.23% expense ratio. On volatility, AVSD has been the lower-risk option at 5.23%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, AVSD or AVDE?

Over the 3-year period, AVDE has performed better with a 19.94% return vs 19.84%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, AVSD or AVDE?

AVSD and AVDE have the same expense ratio: 0.23% per year.

Which ETF pays a higher dividend yield, AVSD or AVDE?

AVDE has the higher dividend yield at 3.89%, compared with 3.81% for AVSD.

Which has better risk-adjusted returns?

AVDE currently has the higher Sharpe Ratio (1.78 vs 1.51), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.